2014 AFN to RWF Historical Review

YEARLY HIGH

12.3298 RWF

YEARLY LOW

11.6933 RWF

YEARLY AVERAGE

12.0152 RWF

2014 AFN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 12.3298. Conversely, the yearly low was recorded on June 15, dropping to 11.6933.

This high-to-low spread represents a total annual volatility of 0.6365 RWF. From a start-to-finish perspective, comparing the January average rate of 12.0678 to the December average rate of 11.9216, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.3298 was up 0.20% compared to the 2013 peak of 12.3057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 61,649 RWF

2013 Average 59,339 RWF

Yearly Trough Low 58,467 RWF

Transaction Impact: A difference of 3,182.27 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.3087

11.8105

JanuMarcMayJulySeptNove

AFN to RWF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.9678, compared to 12.0626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0948 points.

H1 Avg (Jan–Jun) 11.9678

H2 Avg (Jul–Dec) 12.0626

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.5416 RWF (High: 12.2882 / Low: 11.7467). On the other end, March was the most stable month, with a tight range of 0.1349 RWF (High: 12.0427 / Low: 11.9078).

July Spread (Volatile) ±0.5416

March Spread (Stable) ±0.1349

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1315 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 12.2672) against the same month in 2013 (average: 11.5832), the exchange rate shifted by +0.6840 (+5.90%).

2014 Avg (August) 12.2672

2013 Avg (August) 11.5832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.1624	11.8061	12.0678
February	12.0867	11.8744	11.9730
March	12.0427	11.9078	11.9463
April	12.1319	11.8970	11.9840
May	12.0968	11.9254	11.9835
June	11.9645	11.6933	11.8520
July	12.2882	11.7467	12.0212
August	12.3298	12.1356	12.2672
September	12.2840	12.0738	12.1616
October	12.1393	11.9360	12.0519
November	12.0389	11.8641	11.9518
December	11.9811	11.8385	11.9216